Northern Oil Net Worth

Northern Oil Net Worth Breakdown

  NOG
The net worth of Northern Oil Gas is the difference between its total assets and liabilities. Northern Oil's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Northern Oil's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Northern Oil's net worth can be used as a measure of its financial health and stability which can help investors to decide if Northern Oil is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Northern Oil Gas stock.

Northern Oil Net Worth Analysis

Northern Oil's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Northern Oil's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Northern Oil's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Northern Oil's net worth analysis. One common approach is to calculate Northern Oil's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Northern Oil's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Northern Oil's net worth. This approach calculates the present value of Northern Oil's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Northern Oil's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Northern Oil's net worth. This involves comparing Northern Oil's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Northern Oil's net worth relative to its peers.

Enterprise Value

5.48 Billion

To determine if Northern Oil is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Northern Oil's net worth research are outlined below:
Northern Oil Gas generated a negative expected return over the last 90 days
Northern Oil Gas has 1.84 B in debt with debt to equity (D/E) ratio of 7.22, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Northern Oil Gas has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Northern to invest in growth at high rates of return.
Over 93.0% of Northern Oil shares are owned by institutional investors
On 30th of April 2024 Northern Oil paid $ 0.4 per share dividend to its current shareholders
Latest headline from gizmodo.com: Paul Giamatti Is Beaming Aboard Star Trek Starfleet Academy
Northern Oil uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Northern Oil Gas. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northern Oil's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Northern Oil Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Northern target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Northern Oil's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   12  Strong Buy
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Northern Oil Gas, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Northern Oil Target Price Projection

Northern Oil's current and average target prices are 37.27 and 51.17, respectively. The current price of Northern Oil is the price at which Northern Oil Gas is currently trading. On the other hand, Northern Oil's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Northern Oil Market Quote on 20th of June 2024

Low Price37.04Odds
High Price37.54Odds

37.27

Target Price

Analyst Consensus On Northern Oil Target Price

Low Estimate46.56Odds
High Estimate56.8Odds

51.17

Historical Lowest Forecast  46.56 Target Price  51.17 Highest Forecast  56.8
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Northern Oil Gas and the information provided on this page.

Know Northern Oil's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Northern Oil is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northern Oil Gas backward and forwards among themselves. Northern Oil's institutional investor refers to the entity that pools money to purchase Northern Oil's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Dimensional Fund Advisors, Inc.2024-03-31
1.7 M
Millennium Management Llc2024-03-31
1.6 M
Allspring Global Investments Holdings, Llc2024-03-31
1.4 M
Principal Financial Group Inc2024-03-31
1.4 M
Nuveen Asset Management, Llc2024-03-31
1.4 M
Morgan Stanley - Brokerage Accounts2024-03-31
1.3 M
Alliancebernstein L.p.2024-03-31
1.2 M
Bank Of New York Mellon Corp2024-03-31
1.2 M
Northern Trust Corp2024-03-31
1.1 M
Blackrock Inc2024-03-31
13.7 M
Vanguard Group Inc2024-03-31
10.6 M
Note, although Northern Oil's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Northern Oil's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.77 B.

Market Cap

3.56 Billion

Project Northern Oil's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.21  0.22 
Return On Capital Employed 0.21  0.22 
Return On Assets 0.21  0.22 
Return On Equity 0.45  0.46 
The company has Net Profit Margin of 0.32 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated $0.11 of operating income.
When accessing Northern Oil's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Northern Oil's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Northern Oil's profitability and make more informed investment decisions.
The data published in Northern Oil's official financial statements typically reflect Northern Oil's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Northern Oil's quantitative information. For example, before you start analyzing numbers published by Northern accountants, it's essential to understand Northern Oil's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Northern Oil's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Northern Oil's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Northern Oil's management manipulating its earnings.

Evaluate Northern Oil's management efficiency

Northern Oil Gas has Return on Asset of 0.13 % which means that on every $100 spent on assets, it made $0.13 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3897 %, implying that it generated $0.3897 on every 100 dollars invested. Northern Oil's management efficiency ratios could be used to measure how well Northern Oil manages its routine affairs as well as how well it operates its assets and liabilities. The Northern Oil's current Return On Tangible Assets is estimated to increase to 0.22. The Northern Oil's current Return On Capital Employed is estimated to increase to 0.22. At this time, Northern Oil's Other Current Assets are most likely to increase significantly in the upcoming years. The Northern Oil's current Total Current Assets is estimated to increase to about 534.9 M, while Intangibles To Total Assets are projected to decrease to (0.01).
Last ReportedProjected for Next Year
Book Value Per Share 22.38  18.94 
Tangible Book Value Per Share 22.38  18.94 
Enterprise Value Over EBITDA 3.84  4.03 
Price Book Value Ratio 1.66  1.74 
Enterprise Value Multiple 3.84  4.03 
Price Fair Value 1.66  1.74 
Enterprise Value5.2 B5.5 B
The analysis of Northern Oil's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Northern Oil's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Northern Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
3.2175
Revenue
1.8 B
Quarterly Revenue Growth
0.229
Revenue Per Share
19.262
Return On Equity
0.3897
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northern Oil insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northern Oil's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northern Oil insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Northern Oil Corporate Filings

F4
5th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
28th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
11th of April 2024
Other Reports
ViewVerify
1st of April 2024
Other Reports
ViewVerify
Northern Oil time-series forecasting models is one of many Northern Oil's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Northern Oil's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Northern Oil Earnings Estimation Breakdown

The calculation of Northern Oil's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Northern Oil is estimated to be 1.28 with the future projection ranging from a low of 1.11 to a high of 1.48. Please be aware that this consensus of annual earnings estimates for Northern Oil Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.28
1.11
Lowest
Expected EPS
1.28
1.48
Highest

Northern Oil Earnings Projection Consensus

Suppose the current estimates of Northern Oil's value are higher than the current market price of the Northern Oil stock. In this case, investors may conclude that Northern Oil is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Northern Oil's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
693.99%
1.28
1.28
6.16

Northern Oil Earnings per Share Projection vs Actual

Actual Earning per Share of Northern Oil refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Northern Oil Gas predict the company's earnings will be in the future. The higher the earnings per share of Northern Oil, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Northern Oil Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Northern Oil, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Northern Oil should always be considered in relation to other companies to make a more educated investment decision.

Northern Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Northern Oil's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-23
2024-03-311.181.280.1
2024-02-22
2023-12-311.651.61-0.04
2023-11-01
2023-09-301.781.73-0.05
2023-08-02
2023-06-301.351.490.1410 
2023-05-04
2023-03-311.691.760.07
2023-02-23
2022-12-311.651.43-0.2213 
2022-11-08
2022-09-301.711.80.09
2022-08-03
2022-06-301.71.720.02
2022-05-05
2022-03-311.271.580.3124 
2022-02-23
2021-12-311.11.06-0.04
2021-11-05
2021-09-300.890.84-0.05
2021-08-05
2021-06-300.710.920.2129 
2021-05-07
2021-03-310.560.620.0610 
2021-03-12
2020-12-310.660.64-0.02
2020-11-06
2020-09-300.380.510.1334 
2020-08-07
2020-06-300.310.2-0.1135 
2020-05-11
2020-03-310.340.40.0617 
2020-03-12
2019-12-310.730.5-0.2331 
2019-11-12
2019-09-301.110.9-0.2118 
2019-08-01
2019-06-301.111.20.09
2019-05-09
2019-03-311.240.7-0.5443 
2019-03-12
2018-12-311.42.51.178 
2018-11-08
2018-09-301.181.1-0.08
2018-08-09
2018-06-300.810.90.0911 
2018-05-07
2018-03-311.151.70.5547 
2018-02-22
2017-12-310.931.00.07
2017-11-08
2017-09-300.010.40.393900 
2017-08-08
2017-06-30-0.14-0.05860.081458 
2017-05-08
2017-03-31-0.162.73362.89361808 
2017-03-01
2016-12-310.10.40.3300 
2016-11-08
2016-09-30-0.020.40.422100 
2016-08-04
2016-06-300.561.00.4478 
2016-05-09
2016-03-31-0.20.10.3150 
2016-03-02
2015-12-312.262.50.2410 
2015-11-04
2015-09-301.672.40.7343 
2015-08-05
2015-06-301.081.90.8275 
2015-05-07
2015-03-311.31.0-0.323 
2015-02-26
2014-12-311.872.10.2312 
2014-11-06
2014-09-302.62.60.0
2014-08-07
2014-06-302.262.90.6428 
2014-05-08
2014-03-312.381.9-0.4820 
2014-02-27
2013-12-312.742.2-0.5419 
2013-11-07
2013-09-303.23.20.0
2013-08-08
2013-06-302.72.3-0.414 
2013-05-06
2013-03-312.742.90.16
2013-02-28
2012-12-312.723.40.6825 
2012-11-08
2012-09-302.622.70.08
2012-08-09
2012-06-302.382.2-0.18
2012-05-07
2012-03-312.392.3-0.09
2012-02-29
2011-12-312.52.1-0.416 
2011-11-09
2011-09-302.151.9-0.2511 
2011-08-09
2011-06-301.871.2-0.6735 
2011-05-10
2011-03-311.790.9-0.8949 
2011-03-02
2010-12-311.451.3-0.1510 
2010-11-08
2010-09-301.061.0-0.06
2010-08-09
2010-06-300.70.70.0
2010-05-06
2010-03-310.430.4-0.03
2010-03-08
2009-12-310.730.3-0.4358 
2009-10-26
2009-09-300.530.4-0.1324 
2009-07-30
2009-06-300.20.1-0.150 
2009-05-11
2009-03-31-0.1-0.10.0
2009-03-02
2008-12-310.30.40.133 
2008-11-04
2008-09-300.10.30.2200 
2008-08-06
2008-06-300.20.1-0.150 
2008-03-31
2007-12-31-0.5-1.2-0.7140 

Northern Oil Corporate Directors

Robert GrabbIndependent DirectorProfile
Michael FrantzIndependent DirectorProfile
Lisa BromileyLead Independent DirectorProfile
Michael PopejoyIndependent DirectorProfile

Additional Information and Resources on Investing in Northern Stock

When determining whether Northern Oil Gas is a strong investment it is important to analyze Northern Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Oil's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Oil. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Dividend Share
1.55
Earnings Share
6.16
Revenue Per Share
19.262
Quarterly Revenue Growth
0.229
The market value of Northern Oil Gas is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Oil's value that differs from its market value or its book value, called intrinsic value, which is Northern Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Oil's market value can be influenced by many factors that don't directly affect Northern Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.